Mon Jan 06 21:10:00 UTC 2025: ## Stellantis CEO Search Top Priority as Elkann Celebrates Achievements and Prepares for Challenging Future

**Rome, Italy** – Stellantis Chairman John Elkann has addressed the company’s 230,000 employees globally, highlighting significant achievements despite a challenging year and outlining the priorities for 2025. In a letter, Elkann acknowledged the “perfect storm” impacting the automotive sector, which is expected to continue into next year, and the recent departure of CEO Carlos Tavares. The search for a new CEO, to be concluded by June, is now a top priority.

Elkann emphasized the company’s strong foundation, built upon several key successes. These include Ram surpassing all brands in the J.D. Power 2024 U.S. Initial Quality Study, Jeep’s continued recognition as America’s most patriotic brand, and a leading position in Europe’s electric vehicle market with 40 battery electric vehicles. Stellantis also highlighted its market leadership in Brazil and its expansion into affordable electric vehicles in Europe through a partnership with Leapmotor.

The letter also touched upon improved relations with the Italian government following the presentation of Stellantis’ “Piano Italia,” and the company’s rejoining of Acea, the European Automobile Manufacturers’ Association, allowing for stronger advocacy against EU CO2 regulations. Elkann stressed the importance of collaborative efforts among stakeholders, including employees, customers, and suppliers, to achieve Stellantis’ full potential.

While several internal and external candidates for CEO are being considered, including Mary Barra of GM and Stellantis executives like Jean-Philippe Imparato and Maxime Picat, the return of Richard Palmer as a special advisor to Elkann has sparked speculation. Palmer, a former Stellantis CFO, was previously considered for a top leadership role.

Despite the challenges, Elkann expressed confidence in Stellantis’ future, emphasizing the company’s rich history and diverse brands as sources of strength and inspiration for navigating the industry’s transformation. The company aims to make 2025 a year of significant progress. The interim executive committee, currently led by Elkann, will continue to manage the company until a new CEO is appointed.

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